JVA CONSTRUCTION: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JVA CONSTRUCTION
Largest movements
- Tangible fixed assets +€258,515
up €258,515 (+133.5%), from €193,684 to €452,199
of which Land and buildings: +€268,824
- Cash -€94,796
down €94,796 (-50.7%), from €186,940 to €92,145
mainly Investment in fixed assets (net) (-€295,974) and Receivables within one year (-€66,169)
- Receivables within one year +€66,169
up €66,169 (+176.2%), from €37,545 to €103,714
of which Trade receivables: +€57,005
- Debts after one year +€174,807
up €174,807 (+134.4%), from €130,069 to €304,875
of which Financial debts: +€171,807
- Trade debts +€44,302
up €44,302 (+432.6%), from €10,240 to €54,542
- Other debts +€28,139
up €28,139 (+44.7%), from €62,951 to €91,090
- Accrued charges and deferred income -€19,590
down €19,590 (-48.5%), from €40,407 to €20,817
- Depreciation +€18,803
up €18,803 (+95.3%), from €19,732 to €38,534
- Staff costs -€14,114
down €14,114 (-75.7%), from €18,653 to €4,539
- Gross operating margin -€6,691
down €6,691 (-6.4%), from €103,905 to €97,215
- Taxes -€4,107
down €4,107 (-25.3%), from €16,265 to €12,157
- Financial charges +€3,802
up €3,802 (+166.5%), from €2,284 to €6,086
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €422,834 | €653,034 | +€230,200 | +54.4% |
| Fixed assets | 21/28 | €196,884 | €454,323 | +€257,439 | +130.8% |
| Intangible fixed assets | 21 | €3,181 | €2,125 | -€1,056 | -33.2% |
| Tangible fixed assets | 22/27 | €193,684 | €452,199 | +€258,515 | +133.5% |
| Land and buildings | 22 | €130,462 | €399,287 | +€268,824 | +206.1% |
| Furniture and vehicles | 24 | €63,221 | €52,912 | -€10,309 | -16.3% |
| Financial fixed assets | 28 | €20 | - | -€20 | |
| Current assets | 29/58 | €225,950 | €198,711 | -€27,239 | -12.1% |
| Amounts receivable within one year | 40/41 | €37,545 | €103,714 | +€66,169 | +176.2% |
| Trade receivables | 40 | €31,345 | €88,350 | +€57,005 | +181.9% |
| Other amounts receivable | 41 | €6,200 | €15,364 | +€9,164 | +147.8% |
| Cash at bank and in hand | 54/58 | €186,940 | €92,145 | -€94,796 | -50.7% |
| Deferred charges and accrued income | 490/1 | €1,464 | €2,852 | +€1,388 | +94.8% |
| Total equity and liabilities | 10/49 | €422,834 | €653,034 | +€230,200 | +54.4% |
| Equity | 10/15 | €164,520 | €163,553 | -€968 | -0.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,520 | €138,553 | -€968 | -0.7% |
| Amounts payable | 17/49 | €258,314 | €489,482 | +€231,168 | +89.5% |
| Amounts payable after more than one year | 17 | €130,069 | €304,875 | +€174,807 | +134.4% |
| Financial debts | 170/4 | €130,069 | €301,875 | +€171,807 | +132.1% |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €87,838 | €163,789 | +€75,951 | +86.5% |
| Current portion of amounts payable after more than one year | 42 | €12,154 | €17,157 | +€5,002 | +41.2% |
| Trade debts | 44 | €10,240 | €54,542 | +€44,302 | +432.6% |
| Suppliers | 440/4 | €10,240 | €54,542 | +€44,302 | +432.6% |
| Taxes, remuneration and social security | 45 | €2,493 | €1,001 | -€1,492 | -59.9% |
| Taxes | 450/3 | €1,265 | - | -€1,265 | |
| Remuneration and social security | 454/9 | €1,228 | €1,001 | -€228 | -18.5% |
| Other amounts payable | 47/48 | €62,951 | €91,090 | +€28,139 | +44.7% |
| Accrued charges and deferred income | 492/3 | €40,407 | €20,817 | -€19,590 | -48.5% |
| Remuneration, social security and pensions | 62 | €18,653 | €4,539 | -€14,114 | -75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,732 | €38,534 | +€18,803 | +95.3% |
| Other operating charges | 640/8 | €942 | €1,414 | +€471 | +50.0% |
| Gross operating margin | 9900 | €103,905 | €97,215 | -€6,691 | -6.4% |
| Operating profit (loss) | 9901 | €64,578 | €52,728 | -€11,850 | -18.4% |
| Financial income | 75/76B | €0 | €1,133 | +€1,133 | +11326000.0% |
| Recurring financial income | 75 | €0 | €1,133 | +€1,133 | +11326000.0% |
| Financial charges | 65/66B | €2,284 | €6,086 | +€3,802 | +166.5% |
| Recurring financial charges | 65 | €2,284 | €6,086 | +€3,802 | +166.5% |
| Profit (loss) for the period before taxes | 9903 | €62,294 | €47,775 | -€14,519 | -23.3% |
| Income taxes | 67/77 | €16,265 | €12,157 | -€4,107 | -25.3% |
| Profit (loss) for the period | 9904 | €46,029 | €35,618 | -€10,412 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,029 | €35,618 | -€10,412 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.